The company has also appointed a new Board of Directors as it transitions to private ownership. However, its existing management team will remain in place.
Collins will continue to host The Source at 9 PM ET, marking the first time a primetime host has held the dual role of primetime host and Chief White House Correspondent for CNN.
The program will feature live look-ins at some of the largest parades in the country, as well as celebrities sharing their favorite holiday traditions.
"How many traditional news outlets are effectively using TikTok, for example? How well did traditional media fare when Facebook and Google took their content and advertising revenue?"
The company has also appointed a new Board of Directors as it transitions to private ownership. However, its existing management team will remain in place.